4005 Tiffany Dr

Montgomery, AL 36110
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2 bd, 1 ba | 978 sqft | Built in 1988

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List Price
$65,000

Initial Investment

$66,890

Purchase Price

$63,333

Down Payment

100%

Rent

$750

Total Return

$36,597

Annualized Return

10.5%

Cap Rate

9.6%

Gross Yield

14.2%

Cash Flow

$5,598

Appreciation

3.8%
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Features
Roofstock Certified

Occupancy

Occupied

Lease Start

01/04/2021

Lease End

04/30/2023

Lot Size

4,230

HOA

None

Flood Risk

Not Required

  • Long-term tenant in place.
  • Per tenant ledger, tenant pays late every month and pays the late fee each time. Tenant typically pays after the 10th, but pays rent and the late fee each month as per ledger.
  • Massive student and military market with many major universities and USAF Air University in the area.
  • A Roofstock certified home.

MARKETS

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NEIGHBORHOOD

SCHOOLS

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Annual Financial Highlights

Expected Rent

$8,550

Expenses

-$2,552

Property Taxes

-$400

Loan Payments

$0

Net Cash Flow

$5,598

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